‎Cenomi Centers OKs 8.98% capital increase to SAR 5.18B

‎Cenomi Centers OKs 8.98% capital increase to SAR 5.18B ‎Cenomi Centers OKs 8.98% capital increase to SAR 5.18B

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Logo ofArabian Centres Co. (Cenomi Centers)

Arabian Centres Co. (Cenomi Centers) said shareholders approved on Sept. 27 an 8.98% capital increase to SAR 5.18 billion from SAR 4.75 billion, according to a statement on Tadawul.

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The capital increase will be carried out through the issuance of 39.58 million new bonus shares at one share for every 12 existing shares, representing an 8.33% increase, in addition to the issuance of 3.08 million new shares to be allocated to the planned employee share program, representing a 0.65% increase of capital.

Bonus Issue Details

Current Capital

SAR 4.75 bln

Number of Shares

475 mln

The Increase Percentage

8.98% (one share for every 12 shares held)

The New Capital

SAR 5.18 bln

Number of Shares

517.68 mln

Reason

To support the company’s growth, strengthen its financial position and allocate a portion of the increase to the planned employee share program to provide long-term incentives to employees.

Number of Shares Granted

Issuing 39.58 million bonus shares at one share for every 12 existing shares.

Allocating 3.08 million shares the planned employee share program.

Method

The capital increase will be carried out by capitalizing SAR 426.6 million from retained earnings.

Record Date

Sept. 27, 2026, for shareholders of record registered with Edaa at the end of the second trading day following the record date.

Share fractions, if any, will be compiled into one portfolio for all shareholders and sold at market price, with the proceeds, after deducting costs, distributed pro rata to eligible shareholders within a period not exceeding 30 days.

Shareholders also approved the employee share program and authorized the board of directors to determine the program’s terms and amend it whenever necessary.

 

‎

Logo ofArabian Centres Co. (Cenomi Centers)

Arabian Centres Co. (Cenomi Centers) said shareholders approved on Sept. 27 an 8.98% capital increase to SAR 5.18 billion from SAR 4.75 billion, according to a statement on Tadawul.

The capital increase will be carried out through the issuance of 39.58 million new bonus shares at one share for every 12 existing shares, representing an 8.33% increase, in addition to the issuance of 3.08 million new shares to be allocated to the planned employee share program, representing a 0.65% increase of capital.

Bonus Issue Details

Current Capital

SAR 4.75 bln

Number of Shares

475 mln

The Increase Percentage

8.98% (one share for every 12 shares held)

The New Capital

SAR 5.18 bln

Number of Shares

517.68 mln

Reason

To support the company’s growth, strengthen its financial position and allocate a portion of the increase to the planned employee share program to provide long-term incentives to employees.

Number of Shares Granted

Issuing 39.58 million bonus shares at one share for every 12 existing shares.

Allocating 3.08 million shares the planned employee share program.

Method

The capital increase will be carried out by capitalizing SAR 426.6 million from retained earnings.

Record Date

Sept. 27, 2026, for shareholders of record registered with Edaa at the end of the second trading day following the record date.

Share fractions, if any, will be compiled into one portfolio for all shareholders and sold at market price, with the proceeds, after deducting costs, distributed pro rata to eligible shareholders within a period not exceeding 30 days.

Shareholders also approved the employee share program and authorized the board of directors to determine the program’s terms and amend it whenever necessary.

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